Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $23,326 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $15,236 | $51,620-70.5% | $90,324-83.1% | $65,186-76.6% |
| Participation rate | 50.2% | 68.6%-18.4pp | 73.3%-23.0pp | 70.2%-20.0pp |
| Annual return | 6.80% | 24.94%-18.1pp | 78.15%-71.3pp | 29.39%-22.6pp |
| Employer contribution / active EE | $1,200 | $2,235-46.3% | $2,856-58.0% | $2,177-44.9% |
| Participant deferral / active EE | $1,044 | $2,871-63.6% | $3,885-73.1% | $3,514-70.3% |
| Admin fee / account holder | $327 | $384-15.0% | $5,356-93.9% | $847-61.4% |